This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsArgus Group Holdings（AGH.BH）株式概要アーガス・グループ・ホールディングス・リミテッドはその子会社とともに、バミューダ、ジブラルタル、マルタ、カナダで生命保険、医療保険、損害保険商品の引き受けに従事している。 詳細AGH.BH ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金6/6報酬当社が推定した公正価値より69%で取引されている 4.8%の高配当で安定した配当金を支払う リスク分析株式の流動性は非常に低い 過去5年間で収益は年間0.4%減少しました。 利益率(3%)は昨年より低い(4.9%) すべてのリスクチェックを見るAGH.BH Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW484,833 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG484,833 investors already sharing narrativesYour Fair ValueBD$Current PriceBD$5.009.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6m419m2016201920222025202620282031Revenue BD$418.6mEarnings BD$12.4mAdvancedSet Fair ValueView all narrativesArgus Group Holdings Limited 競合他社AllshoresSymbol: BER:ALSH.BHMarket cap: BD$257.2mLa Positiva Seguros y ReasegurosSymbol: BVL:POSITIC1Market cap: S/666.1mAsuransi Multi Artha GunaSymbol: IDX:AMAGMarket cap: Rp1.9tCompagnie d'Assurances et de Réassurances ASTREESymbol: BVMT:ASTMarket cap: د.ت433.5m価格と性能株価の高値、安値、推移の概要Argus Group Holdings過去の株価現在の株価BD$5.0052週高値BD$6.4052週安値BD$4.60ベータ0.0701ヶ月の変化6.38%3ヶ月変化n/a1年変化-21.88%3年間の変化-16.67%5年間の変化60.26%IPOからの変化-23.08%最新ニュースDeclared Dividend • Dec 16First half dividend of BD$0.12 announcedShareholders will receive a dividend of BD$0.12. Ex-date: 30th December 2024 Payment date: 31st January 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Dec 05First half 2025 earnings released: EPS: BD$0.27 (vs BD$0.23 in 1H 2024)First half 2025 results: EPS: BD$0.27 (up from BD$0.23 in 1H 2024). Revenue: BD$139.8m (up 17% from 1H 2024). Net income: BD$5.87m (up 17% from 1H 2024). Profit margin: 4.2% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (2.9% net profit margin).Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to BD$6.30, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 13x in the Insurance industry in North America. Total returns to shareholders of 20% over the past three years.Upcoming Dividend • Jul 18Upcoming dividend of BD$0.12 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 30 August 2024. Trailing yield: 3.8%. Lower than top quartile of Bermuda dividend payers (5.0%). Higher than average of industry peers (2.1%).New Risk • Jul 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).最新情報をもっと見るRecent updatesDeclared Dividend • Dec 16First half dividend of BD$0.12 announcedShareholders will receive a dividend of BD$0.12. Ex-date: 30th December 2024 Payment date: 31st January 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Dec 05First half 2025 earnings released: EPS: BD$0.27 (vs BD$0.23 in 1H 2024)First half 2025 results: EPS: BD$0.27 (up from BD$0.23 in 1H 2024). Revenue: BD$139.8m (up 17% from 1H 2024). Net income: BD$5.87m (up 17% from 1H 2024). Profit margin: 4.2% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (2.9% net profit margin).Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to BD$6.30, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 13x in the Insurance industry in North America. Total returns to shareholders of 20% over the past three years.Upcoming Dividend • Jul 18Upcoming dividend of BD$0.12 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 30 August 2024. Trailing yield: 3.8%. Lower than top quartile of Bermuda dividend payers (5.0%). Higher than average of industry peers (2.1%).New Risk • Jul 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to BD$5.17, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 13x in the Insurance industry in North America. Total returns to shareholders of 15% over the past three years.Declared Dividend • Jul 01First half dividend of BD$0.12 announcedShareholders will receive a dividend of BD$0.12. Ex-date: 25th July 2024 Payment date: 30th August 2024 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jan 10Argus Group Holdings Limited Announces Dividend, Payable on 26 January 2024Argus Group Holdings Limited announced a dividend declaration on common shares of 0.12 cents. Record Date is 29 December 2023. Payment Date is 26 January 2024.New Risk • Dec 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 23% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).お知らせ • Nov 25Argus Group Holdings Limited, Annual General Meeting, Dec 29, 2023Argus Group Holdings Limited, Annual General Meeting, Dec 29, 2023, at 09:00 Atlantic Standard Time.お知らせ • Oct 11Argus Group Holdings Limited Announces Resignation of Garrett Curran as DirectorArgus Group Holdings Limited announced that Mr. Garrett Curran has formally resigned as a director of the Company and its subsidiaries Centurion Insurance Services Limited and Antes Insurance Brokers Limited (both as a Director) effective as of 28 September 2023.Reported Earnings • Jul 23Full year 2023 earnings released: EPS: BD$1.29 (vs BD$1.21 in FY 2022)Full year 2023 results: EPS: BD$1.29 (up from BD$1.21 in FY 2022). Revenue: BD$202.4m (up 5.1% from FY 2022). Net income: BD$27.7m (up 7.6% from FY 2022). Profit margin: 14% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 18First half 2023 earnings released: EPS: BD$1.23 (vs BD$0.38 in 1H 2022)First half 2023 results: EPS: BD$1.23 (up from BD$0.38 in 1H 2022). Revenue: BD$96.1m (flat on 1H 2022). Net income: BD$26.3m (up 225% from 1H 2022). Profit margin: 27% (up from 8.4% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 06Argus Group Holdings Limited Declares Interim Dividend for the Six Months Ended September 30, 2022, Payable on January 27, 2023Based on the group’s financial strength and performance, Argus Group Holdings Limited has declared a dividend of 11 cents per share for the six months ended September 30, 2022 for shareholders of record as of December 31, 2022, payable on January 27, 2023.Reported Earnings • Aug 20Full year 2022 earnings released: EPS: BD$1.21 (vs BD$0.47 in FY 2021)Full year 2022 results: EPS: BD$1.21 (up from BD$0.47 in FY 2021). Revenue: BD$192.6m (up 8.3% from FY 2021). Net income: BD$25.7m (up 154% from FY 2021). Profit margin: 13% (up from 5.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 25% per year.お知らせ • Aug 09Argus Group Holdings Limited Announces Change of Company SecretaryArgus Group Holdings Limited announced the appointment of Ms. Janice Fernandes as the Company Secretary. She replaces the Interim Company Secretary, Mr. Simon Giffen. The appointment is effective immediately. Ms. Fernandes will manage all corporate secretarial matters related to Argus Group Holdings Limited, ensuring they comply with legal and regulatory requirements.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 33% share price gain to BD$6.33, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 10x in the Insurance industry in North America. Total returns to shareholders of 128% over the past three years.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to BD$4.76, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Insurance industry in North America. Total returns to shareholders of 82% over the past three years.Reported Earnings • Dec 25First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: BD$0.38 (up from BD$0.035 loss in 1H 2021). Revenue: BD$96.2m (up 12% from 1H 2021). Net income: BD$8.10m (up BD$8.84m from 1H 2021). Profit margin: 8.4% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 23Upcoming dividend of BD$0.10 per shareEligible shareholders must have bought the stock before 30 December 2021. Payment date: 28 January 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Bermuda dividend payers (5.4%). Higher than average of industry peers (2.4%).Board Change • Sep 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Garrett Curran was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Aug 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Director Barbara Merry was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Feb 16Argus Group Holdings Limited Names David A. Brown as Chairman of the Board, Effective April 1, 2021Argus Group Holdings Limited (Argus, the Company or the Argus Group) announced that it has appointed insurance industry veteran, David A. Brown, as Chairman of the Board, effective April 1st. Mr. Brown will succeed Sheila Nicoll, who has been a member of the Board for 15 years and who has served as the Chairman since 2010. Mr. Brown said he is excited about the opportunity to work with Argus in this new role. Argus is a company with great potential and has been undergoing some serious adjustments related to the changing healthcare system in Bermuda and the Company’s expansion internationally. This makes the work of the Board both challenging and interesting for directors like me. The Management team is energetic and has been creative in developing ideas to grow its business overseas and to deal with the necessary adjustments in the healthcare and pension businesses.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improved over the past weekAfter last week's 26% share price gain to BD$4.18, the stock is trading at a trailing P/E ratio of 9.3x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 14x in the Insurance industry in North America. Total returns to shareholders over the past three years are 26%.Reported Earnings • Dec 19First half 2021 earnings released: BD$0.035 loss per shareThe company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: BD$86.0m (down 9.1% from 1H 2020). Net loss: BD$741.0k (down 119% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 26Market bids up stock over the past weekAfter last week's 15% share price gain to BD$3.81, the stock is trading at a trailing P/E ratio of 5.7x, up from the previous P/E ratio of 4.9x. This compares to an average P/E of 14x in the Insurance industry in North America. Total returns to shareholders over the past three years are 14%.Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 20% share price decline to BD$3.21, the stock is trading at a trailing P/E ratio of 4.8x, down from the previous P/E ratio of 6x. This compares to an average P/E of 13x in the Insurance industry in North America. Total return to shareholders over the past three years is a loss of 1.5%.Valuation Update With 7 Day Price Move • Oct 31Market bids up stock over the past weekAfter last week's 37% share price gain to BD$4.00, the stock is trading at a trailing P/E ratio of 6x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 13x in the Insurance industry in North America. Total returns to shareholders over the past three years are 18%.Valuation Update With 7 Day Price Move • Oct 27Market bids up stock over the past weekAfter last week's 44% share price gain to BD$4.04, the stock is trading at a trailing P/E ratio of 6x, up from the previous P/E ratio of 4.2x. This compares to an average P/E of 14x in the Insurance industry in North America. Total returns to shareholders over the past three years are 19%.お知らせ • Jul 30Argus Group Holdings Limited (BER:AGH.BH) completed the acquisition of FirstUnited Insurance Brokers Limited.Argus Group Holdings Limited (BER:AGH.BH) entered into an agreement to acquire FirstUnited Insurance Brokers Limited for €2.9 million on May 22, 2019. FirstUnited would become a wholly owned subsidiary of Argus. Under the terms of the acquisition, FirstUnited will retain its name and continue to operate independently from other Malta-based businesses within the Argus Group. FirstUnited senior management will continue to lead the company, operate from their existing office location and retain the FirstUnited brand. The transaction is subject to receipt of all regulatory approvals. Argus Group Holdings Limited (BER:AGH.BH) completed the acquisition of FirstUnited Insurance Brokers Limited on September 27, 2019.株主還元AGH.BHBM InsuranceBM 市場7D0%-0.2%1.2%1Y-21.9%9.0%19.6%株主還元を見る業界別リターン: AGH.BH過去 1 年間で7.1 % の収益を上げたBM Insurance業界を下回りました。リターン対市場: AGH.BHは、過去 1 年間で20.9 % のリターンを上げたBM市場を下回りました。価格変動Is AGH.BH's price volatile compared to industry and market?AGH.BH volatilityAGH.BH Average Weekly Movementn/aInsurance Industry Average Movement4.2%Market Average Movement7.7%10% most volatile stocks in BM Market16.6%10% least volatile stocks in BM Market3.3%安定した株価: AGH.BHの株価は、 BM市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のAGH.BHのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト1950379Alison Hillwww.argus.bmアーガス・グループ・ホールディングス・リミテッドは子会社とともに、バミューダ、ジブラルタル、マルタ、カナダで生命保険、医療保険、損害保険商品の引き受けに従事している。従業員福利厚生・健康保険、ウェルス・マネジメント、損害保険、ブローカー会社、その他すべてのセグメントを通じて事業を展開している。健康保険、地域生命保険、長期障害保険、ヘルスケア・プロバイダー、投資・資産運用、年金、ファイナンシャル・プランニング、火災・風災、オール・リスク、賠償責任、海上保険、自動車保険、雇用者免責補償商品などを提供している。貯蓄・退職金商品、管理サービス、ヘルスケア、保険ブローカーサービスも提供。アーガス・グループ・ホールディングス・リミテッドは1950年に設立され、バミューダのハミルトンに本拠を置く。もっと見るArgus Group Holdings Limited 基礎のまとめArgus Group Holdings の収益と売上を時価総額と比較するとどうか。AGH.BH 基礎統計学時価総額BD$109.75m収益（TTM）BD$8.16m売上高(TTM)BD$275.95m13.4xPER（株価収益率0.4xP/SレシオAGH.BH は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計AGH.BH 損益計算書（TTM）収益BD$275.95m売上原価BD$171.77m売上総利益BD$104.18mその他の費用BD$96.02m収益BD$8.16m直近の収益報告Sep 30, 2024次回決算日該当なし一株当たり利益（EPS）0.37グロス・マージン37.75%純利益率2.96%有利子負債／自己資本比率0%AGH.BH の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.8%現在の配当利回り64%配当性向AGH.BH 配当は確実ですか？AGH.BH 配当履歴とベンチマークを見るAGH.BH 、いつまでに購入すれば配当金を受け取れますか？Argus Group Holdings 配当日配当落ち日Dec 30 2024配当支払日Jan 31 2025配当落ちまでの日数564 days配当支払日までの日数532 daysAGH.BH 配当は確実ですか？AGH.BH 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/01/07 03:03終値2024/12/12 00:00収益2024/09/30年間収益2024/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Argus Group Holdings Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Declared Dividend • Dec 16First half dividend of BD$0.12 announcedShareholders will receive a dividend of BD$0.12. Ex-date: 30th December 2024 Payment date: 31st January 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Dec 05First half 2025 earnings released: EPS: BD$0.27 (vs BD$0.23 in 1H 2024)First half 2025 results: EPS: BD$0.27 (up from BD$0.23 in 1H 2024). Revenue: BD$139.8m (up 17% from 1H 2024). Net income: BD$5.87m (up 17% from 1H 2024). Profit margin: 4.2% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (2.9% net profit margin).
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to BD$6.30, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 13x in the Insurance industry in North America. Total returns to shareholders of 20% over the past three years.
Upcoming Dividend • Jul 18Upcoming dividend of BD$0.12 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 30 August 2024. Trailing yield: 3.8%. Lower than top quartile of Bermuda dividend payers (5.0%). Higher than average of industry peers (2.1%).
New Risk • Jul 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).
Declared Dividend • Dec 16First half dividend of BD$0.12 announcedShareholders will receive a dividend of BD$0.12. Ex-date: 30th December 2024 Payment date: 31st January 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Dec 05First half 2025 earnings released: EPS: BD$0.27 (vs BD$0.23 in 1H 2024)First half 2025 results: EPS: BD$0.27 (up from BD$0.23 in 1H 2024). Revenue: BD$139.8m (up 17% from 1H 2024). Net income: BD$5.87m (up 17% from 1H 2024). Profit margin: 4.2% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (2.9% net profit margin).
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to BD$6.30, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 13x in the Insurance industry in North America. Total returns to shareholders of 20% over the past three years.
Upcoming Dividend • Jul 18Upcoming dividend of BD$0.12 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 30 August 2024. Trailing yield: 3.8%. Lower than top quartile of Bermuda dividend payers (5.0%). Higher than average of industry peers (2.1%).
New Risk • Jul 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to BD$5.17, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 13x in the Insurance industry in North America. Total returns to shareholders of 15% over the past three years.
Declared Dividend • Jul 01First half dividend of BD$0.12 announcedShareholders will receive a dividend of BD$0.12. Ex-date: 25th July 2024 Payment date: 30th August 2024 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 10Argus Group Holdings Limited Announces Dividend, Payable on 26 January 2024Argus Group Holdings Limited announced a dividend declaration on common shares of 0.12 cents. Record Date is 29 December 2023. Payment Date is 26 January 2024.
New Risk • Dec 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 23% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).
お知らせ • Nov 25Argus Group Holdings Limited, Annual General Meeting, Dec 29, 2023Argus Group Holdings Limited, Annual General Meeting, Dec 29, 2023, at 09:00 Atlantic Standard Time.
お知らせ • Oct 11Argus Group Holdings Limited Announces Resignation of Garrett Curran as DirectorArgus Group Holdings Limited announced that Mr. Garrett Curran has formally resigned as a director of the Company and its subsidiaries Centurion Insurance Services Limited and Antes Insurance Brokers Limited (both as a Director) effective as of 28 September 2023.
Reported Earnings • Jul 23Full year 2023 earnings released: EPS: BD$1.29 (vs BD$1.21 in FY 2022)Full year 2023 results: EPS: BD$1.29 (up from BD$1.21 in FY 2022). Revenue: BD$202.4m (up 5.1% from FY 2022). Net income: BD$27.7m (up 7.6% from FY 2022). Profit margin: 14% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 18First half 2023 earnings released: EPS: BD$1.23 (vs BD$0.38 in 1H 2022)First half 2023 results: EPS: BD$1.23 (up from BD$0.38 in 1H 2022). Revenue: BD$96.1m (flat on 1H 2022). Net income: BD$26.3m (up 225% from 1H 2022). Profit margin: 27% (up from 8.4% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 06Argus Group Holdings Limited Declares Interim Dividend for the Six Months Ended September 30, 2022, Payable on January 27, 2023Based on the group’s financial strength and performance, Argus Group Holdings Limited has declared a dividend of 11 cents per share for the six months ended September 30, 2022 for shareholders of record as of December 31, 2022, payable on January 27, 2023.
Reported Earnings • Aug 20Full year 2022 earnings released: EPS: BD$1.21 (vs BD$0.47 in FY 2021)Full year 2022 results: EPS: BD$1.21 (up from BD$0.47 in FY 2021). Revenue: BD$192.6m (up 8.3% from FY 2021). Net income: BD$25.7m (up 154% from FY 2021). Profit margin: 13% (up from 5.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 25% per year.
お知らせ • Aug 09Argus Group Holdings Limited Announces Change of Company SecretaryArgus Group Holdings Limited announced the appointment of Ms. Janice Fernandes as the Company Secretary. She replaces the Interim Company Secretary, Mr. Simon Giffen. The appointment is effective immediately. Ms. Fernandes will manage all corporate secretarial matters related to Argus Group Holdings Limited, ensuring they comply with legal and regulatory requirements.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 33% share price gain to BD$6.33, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 10x in the Insurance industry in North America. Total returns to shareholders of 128% over the past three years.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to BD$4.76, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Insurance industry in North America. Total returns to shareholders of 82% over the past three years.
Reported Earnings • Dec 25First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: BD$0.38 (up from BD$0.035 loss in 1H 2021). Revenue: BD$96.2m (up 12% from 1H 2021). Net income: BD$8.10m (up BD$8.84m from 1H 2021). Profit margin: 8.4% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 23Upcoming dividend of BD$0.10 per shareEligible shareholders must have bought the stock before 30 December 2021. Payment date: 28 January 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Bermuda dividend payers (5.4%). Higher than average of industry peers (2.4%).
Board Change • Sep 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Garrett Curran was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Aug 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Director Barbara Merry was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Feb 16Argus Group Holdings Limited Names David A. Brown as Chairman of the Board, Effective April 1, 2021Argus Group Holdings Limited (Argus, the Company or the Argus Group) announced that it has appointed insurance industry veteran, David A. Brown, as Chairman of the Board, effective April 1st. Mr. Brown will succeed Sheila Nicoll, who has been a member of the Board for 15 years and who has served as the Chairman since 2010. Mr. Brown said he is excited about the opportunity to work with Argus in this new role. Argus is a company with great potential and has been undergoing some serious adjustments related to the changing healthcare system in Bermuda and the Company’s expansion internationally. This makes the work of the Board both challenging and interesting for directors like me. The Management team is energetic and has been creative in developing ideas to grow its business overseas and to deal with the necessary adjustments in the healthcare and pension businesses.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improved over the past weekAfter last week's 26% share price gain to BD$4.18, the stock is trading at a trailing P/E ratio of 9.3x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 14x in the Insurance industry in North America. Total returns to shareholders over the past three years are 26%.
Reported Earnings • Dec 19First half 2021 earnings released: BD$0.035 loss per shareThe company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: BD$86.0m (down 9.1% from 1H 2020). Net loss: BD$741.0k (down 119% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 26Market bids up stock over the past weekAfter last week's 15% share price gain to BD$3.81, the stock is trading at a trailing P/E ratio of 5.7x, up from the previous P/E ratio of 4.9x. This compares to an average P/E of 14x in the Insurance industry in North America. Total returns to shareholders over the past three years are 14%.
Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 20% share price decline to BD$3.21, the stock is trading at a trailing P/E ratio of 4.8x, down from the previous P/E ratio of 6x. This compares to an average P/E of 13x in the Insurance industry in North America. Total return to shareholders over the past three years is a loss of 1.5%.
Valuation Update With 7 Day Price Move • Oct 31Market bids up stock over the past weekAfter last week's 37% share price gain to BD$4.00, the stock is trading at a trailing P/E ratio of 6x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 13x in the Insurance industry in North America. Total returns to shareholders over the past three years are 18%.
Valuation Update With 7 Day Price Move • Oct 27Market bids up stock over the past weekAfter last week's 44% share price gain to BD$4.04, the stock is trading at a trailing P/E ratio of 6x, up from the previous P/E ratio of 4.2x. This compares to an average P/E of 14x in the Insurance industry in North America. Total returns to shareholders over the past three years are 19%.
お知らせ • Jul 30Argus Group Holdings Limited (BER:AGH.BH) completed the acquisition of FirstUnited Insurance Brokers Limited.Argus Group Holdings Limited (BER:AGH.BH) entered into an agreement to acquire FirstUnited Insurance Brokers Limited for €2.9 million on May 22, 2019. FirstUnited would become a wholly owned subsidiary of Argus. Under the terms of the acquisition, FirstUnited will retain its name and continue to operate independently from other Malta-based businesses within the Argus Group. FirstUnited senior management will continue to lead the company, operate from their existing office location and retain the FirstUnited brand. The transaction is subject to receipt of all regulatory approvals. Argus Group Holdings Limited (BER:AGH.BH) completed the acquisition of FirstUnited Insurance Brokers Limited on September 27, 2019.
